“Penki kontinentai” turnover increased by 11 percent in 2011

Published: 15 March 2012 y., Thursday

The group of companies Penki kontinentai” ended the year 2011 profitably. It is estimated that all the company’s revenue for the last year amounted to LTL 117,458,538 (one hundred seventeen million four hundred fifty eight thousand five hundred and thirty eight), which is about 11 percent more than income in 2010.

As in previous year, in 2011, the best financial performance was demonstrated by “Penki kontinentai”-owned company BS/2, specializing in banking technology, retail and outsourcing sectors. Having extended the network of customer service, the company has also achieved excellent financial results in Georgia and Kazakhstan – currently, more than 20 regional service centers operate there. In 2011, the turnover of supplied products and services sold in these countries increased two times. Product sales growth was recorded in Azerbaijan, Mongolia, Latvia, Belarus, Kyrgyzstan, the USA, Tajikistan, Germany and Nigeria.

Moreover, the year 2011 was stable and profitable for other companies owned by the group of companies “Penki kontinentai”: “Penkių kontinentų komunikacijų centras“, “ASHBURN International”, “Penki kontinentai Riga” and “Skaitmeninio sertifikavimo centras”.

According to Idrakas Dadašovas, the Chairman of the Board of the group of companies “Penki kontinentai”, the effectiveness of the company’s activities was conditioned by extended package of products and services, flexible and operative response to changes in market trends as well as determination to always be one step ahead.

 

Šaltinis: penki.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Vilnius residents are spending more in cafes and restaurants, and tips are increasing too

By the end of the first quarter of this year, nearly 1,000 waiters and bartenders in the country have joined the new Lithuanian digital solution for tips. more »

Penki kontinentai Group implements a new non-standard payment solution in Georgia

BS/2 Georgia and ASHBURN International, together with TBC Bank, one of the largest banks in Sakartvelo, have developed a new non-standard payment solution for the coffee capsule manufacturer Meama. more »

The Georgian Market Is Increasingly Interested in Lithuanian POS Terminal Management Solutions

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for card readers. more »

The history of the Penki kontinentai group of companies - in the authoritative Newsweek magazine

One of the oldest American media outlets wrote about the achievements of Penki Kontinentai Group. more »

Georgian Banks Implement New Payment Terminal Options

In collaboration with the Georgian bank TBC Bank, ASHBURN International developed and deployed on POS terminals the feature of payment for products and services without cash or bank cards. more »

BS/2 partner Diebold Nixdorf has received two Global Banking & Finance Review awards 2022

The company received the Next 100 Global Awards 2022 — Technology Solutions Provider award. more »

The VI International Banking Forum Results

BS/2 (Penki kontinentai Group) was a premium sponsor of the event. more »

BS/2 is the General Sponsor of the International Banking Forum

The banking industry professionals from Eastern Europe and Central Asia met in Almaty on October 26 and 27, 2022. more »

Tipping via POS-terminal is an innovation in the Lithuanian service market

“My tips” is a new service option in the Lithuanian restaurants. more »